2010 - What’s in Store?
Posted by Ashley Derrick on 01/13/10 in Information
I really have no idea. I mean, I know that I am a “Realty Expert” and all, but jeez, this market really is an interesting one and a slightly depressing one to figure out. Let’s just say that I don’t think 2010 will get amazingly better. I think and worry that (among other things) foreclosures will continue to screw us up
In the meantime, the good news (for buyers) is that there are still some serious serious deals out there in the condo/loft world. No doubt about it. The bad news for sellers is that they are obviously not making - and many times losing - money on their sales. This causes a whole developments to feel it - as once one loft goes down, they all start going down in price. It sucks quite frankly for everyone involved (but a new buyer who will be there for a long time).
Anyway, enough of the sad stuff! Let’s keep on trucking and think positive. If you did not read the AJC articles on property taxes, you must do so! Here is a link to one of the last articles they wrote on steps that could help lower your property taxes. Also, if you are thinking to upgrade to a larger home, don’t forget the Federal Tax Credit helps those moving “up” to take advantage as well.
And last but not least…if you need a wonderful new dog in your life, I have just the one. Captain Kirk was rescued from Dekalb Animal Control after being abandoned. He was about to be put down and I could not let that happen! He is a little over a year old, is a beautiful, warm, loving, and gentle pitbull mix (one of the hundreds being abandonded by buttheads each month in Atlanta). He has been fixed and has had all his shots, is good with kids, cats, and loves loves loves other dogs….You really can’t go wrong! He is living with me right now, but he needs a home of his own ASAP! Let me know if you are interested in meeting him!

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Brad Brookings Oregon Real estate | Jan 24, 2010 | Reply
This is a very difficult market to understand. It’s also pretty hard to make a living! It’s got to get better.
Lance | Jan 26, 2010 | Reply
Slightly depressing? Hey Ashley, Lance here again. Nope, we still haven’t sold the condo. We paid 319K for it and it’s now, are you ready, listed at 234,900. Yes, you read that right, close to 100K below what we paid. We don’t understand it. The building is great, the amenities versus the cost of monthly maintenance, must better than 90 percent of Atlanta and still NO serious bites.
But enough sad stuff.
I hope someone takes the little boy you rescued, the pitbull mix, well someone who will love him anyway and not another ahole like those who turned him in, but it’s better than what most probably do, i.e. just abandon them or kill them themselves.
Again, you’re an angel.
Terri | Mar 7, 2010 | Reply
Which building, Lance?